underscored

@underscored

7 clips · 1 follower

Follow
Tag:network-effectsClear

Community, sadly, doesn't scale; any platform that is available to everyone starts out special and spirals from there. Ultimately, public social media sites became personal entertainment sites, tuned for engagement, culminating in TikTok, a social media site with basically zero social component.

— Ben Thompson
1w ago

something like Muse could aggregate Aggregators, which is to say it could be the most valuable product in the world.

4w ago

The most important thing about a technology is how it changes the options available to people. Most technologies become less interesting as they become more widely distributed, but communications technologies become more interesting — the value of a network grows as more people join it. The same is not true of a hammer or a loom.

1mo ago

The best business returns are usually achieved by companies that are doing something that it's relatively easy to do, but that has a moat around it — and the moat is usually not a patent, it's usually a network effect or a cost advantage or something that's very hard to replicate.

1mo ago

The students said that they only stayed on TikTok because other people were on it too, and they were afraid of missing out. FOMO is not utility; it's a bad equilibrium.

4mo ago

an important aspect of that story, and one I did not include in that column, is that text-based social networks as a category don't appear to be growing, either.

5mo ago
notboring.co
Bad Analogies

There are a million little details that made Bezos' plan work, all of which, and the connections between them, were taken into consideration. Get to scale category-by-category, starting with the ones best suited to the internet, build an unmatched distribution and logistics network, drive down prices and delivery times, get more scale, grow the distribution network, drive down prices, make the "divinely discontent" customers discontent with anything slower or more expensive than what they'd come to expect with Amazon, get them hooked on Prime, paying a subscription and ordering more, keep pressing the advantage, grow FCF per share.

7mo ago

Underscored — save the words that stop you in your tracks.

Start saving quotes →